2 Stocks That You Can Buy and Hold Forever

Although many great fortunes have come as a result of successful long-term investing, owning a business for decades or longer can not only be tough, but in many cases, it can be the wrong strategy. The reality is that given enough time, many companies will fail -- often due to innovation. 

However, some businesses are resilient enough that they deserve to be categorized as a "forever investment." These types of businesses not only require a durable advantage over competitors, but they also need to be in an industry that's sure to be around decades into the future. 

Here are two companies that fit this mold. 

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Source Fool.com